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news-imageJanuary 24, 2025

Chart of the week: Solana gains 6%, Ethereum competitor eyes double-digit price rally

Solana left competitor Ethereum to bite the dust with 27% weekly gains and nearly 6% rally on Friday. The native token of the Solana blockchain rallies, on-chain and technical indicators point at further gains in SOL in the coming week.
Publisher: Crypto news
Sentiment: Positive
SOL

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Positive
cover-imageThe Currency Analytics
January 26, 2025

SEC's Task Force Could Accelerate ETF Approvals for XRP, SOL, and DOGE

A new task force established by the U.S. Securities and Exchange Commission (SEC) could pave the way for quicker approval of exchange-traded funds (ETFs) for popular cryptocurrencies like XRP, Solana (SOL), and Dogecoin (DOGE). This initiative, led by SEC Commissioner Hester Peirce, aims to provide a clearer and more structured regulatory framework for digital asset ETFs, which could greatly benefit both retail and institutional investors.

Positive
cover-imageCoingape
January 25, 2025

Coinbase CLO Debunks Solana Hate Allegations

Paul Grewal, the Chief Legal Officer (CLO) of American crypto trading platform Coinbase Globase Inc., has debunked the claims that the exchange “hates Solana.” Directly responding to an X user who made the claims, Grewal noted that the exchange had spent millions to fight for the protocol.

Positive
cover-imageCoingape
January 25, 2025

Virtuals Protocol Expands To Solana, Launches Meteora Pool

Virtuals Protocol, a platform that focuses on building a co-ownership layer for Artificial Intelligence (AI) agents, has announced its expansion to Solana. The move marks a significant milestone in the platform's journey to fuel innovation and empower developers across diverse ecosystems.

Negative
cover-imageCoingape
January 25, 2025

Top 3 Altcoins to Watch as Solana Drops 6% Today

Solana, one of the top altcoins, has been not performing in investors' favor as bread are in control. The token's price dropped by over 6% in the last 24 hours alone, making it trade at $248, with a market capitalization of over $120 billion, making it the 5th largest crypto by market capitalization.

Positive
cover-imageThe Motley Fool
January 25, 2025

This Massive New Catalyst for Solana Is a Problem for Ethereum

As a pair of the biggest cryptocurrencies, Solana (SOL -7.05%) and Ethereum (ETH -4.06%) have a healthy rivalry. Both blockchains feature large ecosystems of meme coins, decentralized financial (DeFi) services, non-fungible tokens (NFTs), and other projects that make them appealing for investors of all stripes.

Positive
cover-imageThe Motley Fool
January 24, 2025

Why Solana Is Jumping Today

Solana (SOL 4.40%) is seeing strong gains in Friday's trading. The cryptocurrency's token price was up 2.9% over the last 24 hours of trading as of 4 p.m.

Positive
cover-imageThe Motley Fool
January 24, 2025

3 Mistakes to Avoid With Solana in 2025

With the price of Solana (SOL 7.12%) surging past $250 and lingering relatively near its all-time high of $293, it's an exciting time to be an investor in one of the most dynamic blockchains out there right now.

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